"If the downstream slope had been flattened, failure would have been avoided. "
Report is releasd.
The company's Skouries project is one of the biggest foreign investments in Greece.
The Canadian Environmental Assessment Agency and the Ontario Ministry of Environment and Climate Change have separately okayed the project.
The Saskatoon-based miner also hiked its quarterly dividend 9% to 38 cents per share.
The highly anticipated independent expert panel report will determine the cause of the dam failure and is expected to lead to new safety standards for the entire Canadian mining industry.
With a focus on productivity, companies must not neglect talent management
Chief Executive Lourenco Goncalves said restructuring proceedings have begun in Montreal and sale options will be explored.
Some crew will be assigned to care and maintenance.
Documents obtained and verified by The Australian, show that Rio Tinto offered Mongolia to forsake a “net smelter return” of 2% cent of the project’s revenue.
According to TD's latest report, real GDP growth in Alberta will inch forward by only 0.5% this year before speeding up to 1.8% in 2016.
Despite plunging oil prices, the mayor of Fort McMurray, Alta., is still optimistic about the future of the oil boomtown.
Newly elected President Edgar Lungu wants to keep mining royalties at 20%, as opposed to the 6% companies were paying a month ago.
It also said it has reduced its net debt balance by more than $400 million.
But only one percent of miners expect a wage freeze in 2015.
The country’s parliament has designated its Gatsuurt Project as strategically important, paving the way for Centerra's application for the necessary approvals.
The company has been trying for 15 years to get a permit for Rosia Montana, poised to be Europe's biggest gold mine.
December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.
Mosaic is expected to announce significantly higher profit for the fourth quarter than expected thanks to thriving sales of phosphate products.
Minimum of 1.9 million metric tons of red standard-grade potash over three years.
The mine generated 20.3 million ounces (moz) of silver contained in concentrates recovered from 1.246 million tonnes of ore at an average grade of 585 grams per tonne (gpt).
The company pointed to the transition of its Argyle mine from open pit to underground, as well as a shift toward processing lower-grade ore at Diavik as the main reasons for the drop.
The world’s second largest iron ore miner is targeting a 18% output increase this year, adding to a mounting global glut that has driven down the commodity price.
Wilderness Committee is in court this week defending itself against a defamation suit over the New Prosperity Mine.
With Duluht’s acquisition, Antofagasta takes control of the Twin Metals project, located in north-eastern Minnesota, which is set to become its first operation outside Chile.
The situation may soon change, as authorities have began talks with the country’s top miners, signalling the possibility of a compromise over the country’s new tax regime.
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